The economy grew at a solid pace, buoyed by consumers
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Today’s GDP numbers likely lifted many an economist’s spirits — the economy grew at 2.9 percent in the fourth quarter last year, a solid showing despite inflation pressures and the threat of recession. KPMG Chief Economist Diane Swonk helps us dissect what’s in today’s report. Boeing is being sued for fraud over faults in its 737 MAX plane that caused two fatal crashes. And, a look at the effects of the increasing amount of private money flowing into drug rehabilitation programs.
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